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Night Scalper EA

49 USD

Demo downloaded: 852

Published: 31 December 2018

Current version: 2.1

Night Scalper EA

Experts
Robots4Forex Ltd
Version: 2.1
Updated: 24 July 2022
Activations: 20

Night Scalper EA is an advanced, fully automated trading system designed to take advantage of evening market movements using a high-probability scalping strategy. Whether you’re an experienced trader or just starting out, Night Scalper offers a powerful tool to navigate lower volatility periods with precision and ease. This expert advisor (EA) utilizes a multi-currency approach while ensuring strong risk management and compliance with NFA/FIFO regulations.

Key Features of Night Scalper EA

Multi-Currency Scalping

Night Scalper is designed to trade across multiple currency pairs, giving you flexibility in diversifying your trades. Its advanced algorithms are adaptable to various market conditions, allowing for trading opportunities across different currencies.

Fully Automated Trading

This EA is designed for hands-off trading. Once configured, Night Scalper automatically opens, manages, and closes trades. Its efficient strategy allows you to utilise scalping without the need for constant monitoring, making trading more accessible.

Scalping Strategy for Evening Markets

Night Scalper EA is designed to focus on trading during evening market hours, targeting periods with lower volatility. By operating in calmer market conditions, the EA aims to perform quick trades with risk control measures in place.

Built-in Risk Management

Risk management is a core feature of Night Scalper EA. It uses fixed stop losses for all trades and offers money management options to help manage account risk. The EA also allows you to set account profit locks to pause trading if a specific drawdown threshold is reached, offering additional control over trading activity.

Single-Position Trading

Night Scalper operates using a single-position trading approach, avoiding high-risk strategies like Grid, Martingale, or Averaging. This helps mitigate risk for traders seeking more stable, controlled trading practices.

NFA/FIFO Compliant

For US-based traders, Night Scalper is fully compliant with NFA and FIFO regulations, ensuring it meets the necessary standards for regulated trading environments.

Customisable Order Settings

Night Scalper EA allows you to control various settings to suit your trading preferences, including:

Magic Number: Assign a unique identifier to distinguish the EA’s trades from others on your account.
Initial Lots: Set the fixed lot size per trade, from 0.01 to 50.0 lots, if money management is disabled.
Slippage Control: Adjust slippage settings between 1 and 10 pips to ensure trade execution is as close as possible to your desired price.
Profit Lock: Use the Account Profit Lock feature to pause trading if your balance drops to a specified percentage of its peak value.
GMT Offset: Configure the GMT offset for your MT4 server, excluding daylight saving time for accurate trade timing.

Extensive Customisation Options

Night Scalper EA offers a wide range of customisation options, allowing you to fine-tune the EA to match your trading style and risk management preferences. Available settings include:

Money Management: Optimise your risk with advanced money management features.
Spread Protection: Avoid trading during high spread conditions with built-in spread control.
Avoid Christmas Dates: Prevent trading during low liquidity periods, such as Christmas holidays.
Time and Day Filters: Limit trading to specific times or days to match your strategy or avoid volatile periods.
Entry and Exit Strategies: Customise entry and exit points using popular indicators like Bollinger Bands, CCI, MA, RSI, and ATR.
Trailing Stop Loss and Take Profit: Adjust settings to help manage risks by limiting losses and adjusting profit-taking points.
Advanced Filters: Use moving average filters, news filters, and activity-based filters to refine trade decisions.

Why Choose Night Scalper EA?

Night Scalper EA is ideal for traders looking for a reliable, flexible scalping system that is easy to use and highly customisable. By focusing on evening market conditions with lower volatility, this EA allows traders to set up and tailor their trading strategy to fit their individual needs.

With Night Scalper, you remain in control while the EA handles the execution of your strategy. Simply set it up, adjust the settings to suit your risk tolerance, and let the EA carry out your trades.

Get Started Today!

Unlock the potential of Night Scalper EA and take advantage of the customisation and flexibility it offers during evening trading sessions. Its robust scalping strategy and extensive settings make it a valuable tool for traders of all experience levels.

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370

Rochelle Brown 2019.02.25 03:21 #

I have been seeing very good results past few weeks since I purchased this EA!

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The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I

FREE

The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please no

FREE

The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more

FREE

The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea

FREE

The USDJPY Trader EA is an automated trend following system that is always in the market and trades using sell stop and buy stop orders with trailing stop losses to capture large movements in the market. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management and will work on any pair but works best on USDJPY M15. Vi

FREE

The Candle Scalper EA is a fully automated Expert Advisor that trades based on price action. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom E

FREE

The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in

FREE

The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring

FREE

The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz

FREE

The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://w

30 USD

The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More

30 USD

The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I c

FREE

The Extreme Breakout EA Lite is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA Lite trades using pending orders and has the option to enter using market orders if required. Lite version is limited to 0.01 lots without money management. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex

FREE

The Trend Venom EA is a fully automated Expert Advisor that trades based on Moving Average and RSI signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentr

FREE

Aeon is a fully automated Expert Advisor that trades multiple currencies. The EA trades using market orders and uses averaging to turn otherwise negative trades positive. This EA works best on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will

FREE

The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive

199 USD

The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/r

30 USD

199 USD

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370

Rochelle Brown 2019.02.25 03:21 #

I have been seeing very good results past few weeks since I purchased this EA!

289

Jeremy Saylor 2019.02.07 08:08 #

User didn't leave any comment to the rating

228

desertjedi 2019.01.31 18:01 #

So far, the Night Scalper EA has worked flawlessly. In my first week of trading, I have not encountered a losing trade...on a demo account...usimg Mark's latest high win SET file with M5 time frame on EURUSD. I think the key will be finding the right balance between account balance and money management risk setting (in the SET file) and what kind of drawdowns occur. I'm sure there's a sweet spot.

Mark has been great answering my questions. I look forward to experimenting more with this EA and, of course, running it live.

UPDATE: The first week I used the EA, it was consistently make small, profitable trades. The second week resulted in a massive loss, followed the next day by another massive loss - all in a demo account thankfully. Stop losses are too far away from entries. I'm coming to the conclusion that EAs in general are a waste of time and instead of trying to find one that consistently makes money my time would be better spent learning to trade manually. With EAs, it's always a question of, okay, what do I do now that the account is hemorrhaging? Close the trades? Wait a day, a week, a month waiting for a recovery that may never come? By far, the most success I've had has been following signals that are 0% algo simply relying on the expertise of the trader. I wish Mark, the EA author, no ill will but I'm moving on.

Version 2.1 2022.07.24

Complete overhaul of the EA, default is for EURUSD. Set files for other pairs will be in comments.

Version 1.5 2021.10.15

Added MultiCurrencyAuto option to trade M15 EURUSD, AUDCAD, EURCAD, EURCHF, EURGBP, GBPCAD, USDCHF, EURJPY, USDCAD, AUDCHF, CADJPY, AUDNZD & GBPCHF.

Version 1.4 2019.01.21

Bug fix.

Version 1.2 2019.01.19

Added time averaging options to improve commission to gain ratio.